Cross-border payments
Veyra
Remittance that quotes the real price
- Sector
- Cross-border payments
- Location
- Dubai, UAE
- Year
- 2024
- Kickoff to production
- 16 weeks
A payments platform where the quoted rate is the settled rate across nine corridors, without a manual ops team behind it.
Veyra quoted indicative rates and reconciled the difference later, which meant every transfer needed a human and every invoice needed an apology. Compliance checks ran after funding, so payouts stalled at the worst possible moment.
- 01
Locked quotes, not estimates
A pricing engine holds the rate for the life of the transfer and prices liquidity per corridor, so the customer sees one number and it stays true.
- 02
Screening before funding
Sanctions and beneficiary checks run at quote time. A transfer that cannot complete never takes the customer's money.
- 03
Payout routing that self-heals
Each corridor has ranked payout partners with automatic failover, so a partner outage reroutes instead of queueing.
Transfers now complete without an operator touching them, and cost per transfer fell far enough to open corridors that were previously uneconomic.
What changed
- Transfer processing
- Straight-through
- Live corridors
- 9
- Rate integrity
- Quoted = settled
Stack
- Go
- Postgres
- Temporal
- Next.js
- Kafka
Disciplines applied
- Financial technology
- Automation & operations
- Data & analytics
